Ethoxyquin Market By Product Type, End Use Industry, and Geography - Opportunity Analysis, and Industry Forecast, 2022 - 2028

Ethoxyquin Market By Product Type, End Use Industry, and Geography - Opportunity Analysis, and Industry Forecast, 2022 - 2028

Ethoxyquin are manufactured from quinoline, which finds wide applications in various end-use industries such as pet food, pesticides, and chemicals as an antioxidant for food preservatives industry and also as a pest control ingredient in the pesticides industry. The growing demand for food supplements and increasing consumer awareness regarding healthy living is in turn propelling the market for omega 3 ingredients. This is mainly attributed to certain health benefits such as stabilizing blood pressure, reducing bad cholesterol, and coronary heart diseases which in turn is driving the growth for ethoxyquin market. Ethoxyquin finds large applications in omega 3 ingredients industry, due to its high antioxidant property it is used as a preservatives for some crude fish and krill meals oils for animal feed. The recent past has witnessed a spike in demand for omega 3-rich food, which in turn is expected to boost growth of the ethoxyquin market during 2017 - 2028. However, stringent government regulations for these preservatives are expected to hinder growth of the ethoxyquin market during the forecast period. For instance, on April 12, 1991, the European Commission Regulation (EC) No 70/524/EEC introduced the use of ethoxyquin in the EU as an antioxidant in feed for all animal species (except dogs) with a maximum content of 150 mg/kg complete feed (alone or in combination with butylated hydroxyl-anisole (BHA) and/or butylated-hydroxy-toluene (BHT). Their maximum limit, alone or in combination with other antioxidants, is set at 150 mg/kg per feedstuff.
The growing demand for fish and meat from various end use industries such as fast food industry, restaurant, household and food processing industry coupled with global trade for import and export of various processed food is in turn leading to burgeoning growth of the ethoxyquin market. Ethoxyquin finds major demand from poultry and fish meals industry and favorable government regulations for the use of ethoxyquin in various animal feed is in turn expected to propel the market for ethoxyquin in the following years. For instance, on April 1, 2021, U.S. Food & Drug Administration (FDA) --- revised the use of ethoxyquin in animal feed, under sec 573.380, this law states that ethoxyquin (1,2-dihydro-6-ethoxy-2,2,4-trimethylquinoline) may be safely used in animal feeds, when incorporated therein in accordance with certain conditions.

Market Dynamics
North America dominated the market in 2021 and the trend is expected to remain the same during 2017 - 2028. The increasing demand for ethoxyquin derivatives in various end-use industries such as pesticides, aquaculture, pet food, poultry and chemicals due to increase in the demand for meat and protein consumption coupled with rising disposable income in China and India over following years is the major driving force to position Asia-Pacific as the largest and fastest-growing region in the global ethoxyquin market. Moreover, Latin America market is expected to experience a second highest CAGR of 4.46% in terms of revenue, during the forecast period.
Market Taxonomy
This report segments the global ethoxyquin market on the basis of product types and end use industries. On the basis of product types, the market is segmented as ethoxyquin 95 oil, ethoxyquin 66 powder and ethoxyquin 33 powder. On the basis of end use industries, the global ethoxyquin market is segmented into pesticides, aquaculture, pet food, poultry, chemicals and others. Moreover, ethoxyquin 95 oil is the largest product segment, accounting for over 52.2% share of the global ethoxyquin market in 2021, while, ethoxyquin 66 powder is projected to be the fastest growing product segment and expected to grow at a CAGR of 4.24% in during the forecasted period. Also, the market is projected to find major traction on the back of the rising trend for pet adoption across the world.
Key features of the study:
This report provides in-depth analysis of the global ethoxyquin market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR) (%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
The report takes into account the various types of ethoxyquin involved in manufacturing different types of Ethoxyquin 95 Oil, Ethoxyquin 66 Powder and Ethoxyquin 33 Powder, analyzing the market value and growth (%) during the forecast period
It includes insights on the largest technology used to manufacture different types of ethoxyquin across the globe
It profiles leading players in the global ethoxyquin market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies and future plans
Key companies covered as a part of this study include Camlin Fine Sciences Ltd., Merck KGaA, Mitsui & Co. Ltd., Shanghai Fuda Fine Material Co. Ltd., Skystone Feed Co. Ltd., Industrial Técnica Pecuaria S.A., Kemin Industries Inc., Jiangsu Zhongdan Group Co. Ltd., Impextraco N.V., Rensin Chemicals Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, technology upgrade, market expansion, and marketing tactics
The global ethoxyquin market report caters to various stakeholders in this industry, including investors, raw material manufacturer, product manufacturer, end-users, distributors, new entrants, and financial analysts
Stakeholders would greatly benefit in decision making through the various strategy matrices used in analyzing the Ethoxyquin market
Detailed Segmentation:
Global Ethoxyquin Market, By Product Type:
Ethoxyquin 95 Oil
Ethoxyquin 66 Powder
Ethoxyquin 33 Powder
Global Ethoxyquin Market, By End Use Industry:
Pesticides
Aquaculture
Pet Food
Poultry
Chemicals
Others
Global Ethoxyquin Market, By Geography:
North America
US
By Product Type
Ethoxyquin 95 Oil
Ethoxyquin 66 Powder
Ethoxyquin 33 Powder
By End Use Industry
Pesticides
Aquaculture
Pet Food
Poultry
Chemicals
Others
Canada
By Product Type
Ethoxyquin 95 Oil
Ethoxyquin 66 Powder
Ethoxyquin 33 Powder
By End Use Industry
Pesticides
Aquaculture
Pet Food
Poultry
Chemicals
Others
Europe
UK
By Product Type
Ethoxyquin 95 Oil
Ethoxyquin 66 Powder
Ethoxyquin 33 Powder
By End Use Industry
Pesticides
Aquaculture
Pet Food
Poultry
Chemicals
Others
Germany
By Product Type
Ethoxyquin 95 Oil
Ethoxyquin 66 Powder
Ethoxyquin 33 Powder
By End Use Industry
Pesticides
Aquaculture
Pet Food
Poultry
Chemicals
Others
Italy
By Product Type
Ethoxyquin 95 Oil
Ethoxyquin 66 Powder
Ethoxyquin 33 Powder
By End Use Industry
Pesticides
Aquaculture
Pet Food
Poultry
Chemicals
Others
France
By Product Type
Ethoxyquin 95 Oil
Ethoxyquin 66 Powder
Ethoxyquin 33 Powder
By End Use Industry
Pesticides
Aquaculture
Pet Food
Poultry
Chemicals
Others
Russia
By Product Type
Ethoxyquin 95 Oil
Ethoxyquin 66 Powder
Ethoxyquin 33 Powder
By End Use Industry
Pesticides
Aquaculture
Pet Food
Poultry
Chemicals
Others
Rest of Europe
By Product Type
Ethoxyquin 95 Oil
Ethoxyquin 66 Powder
Ethoxyquin 33 Powder
By End Use Industry
Pesticides
Aquaculture
Pet Food
Poultry
Chemicals
Others
Asia-Pacific
China
By Product Type
Ethoxyquin 95 Oil
Ethoxyquin 66 Powder
Ethoxyquin 33 Powder
By End Use Industry
Pesticides
Aquaculture
Pet Food
Poultry
Chemicals
Others
India
By Product Type
Ethoxyquin 95 Oil
Ethoxyquin 66 Powder
Ethoxyquin 33 Powder
By End Use Industry
Pesticides
Aquaculture
Pet Food
Poultry
Chemicals
Others
Japan
By Product Type
Ethoxyquin 95 Oil
Ethoxyquin 66 Powder
Ethoxyquin 33 Powder
By End Use Industry
Pesticides
Aquaculture
Pet Food
Poultry
Chemicals
Others
ASEAN
By Product Type
Ethoxyquin 95 Oil
Ethoxyquin 66 Powder
Ethoxyquin 33 Powder
By End Use Industry
Pesticides
Aquaculture
Pet Food
Poultry
Chemicals
Others
Australia
By Product Type
Ethoxyquin 95 Oil
Ethoxyquin 66 Powder
Ethoxyquin 33 Powder
By End Use Industry
Pesticides
Aquaculture
Pet Food
Poultry
Chemicals
Others
South Korea
By Product Type
Ethoxyquin 95 Oil
Ethoxyquin 66 Powder
Ethoxyquin 33 Powder
By End Use Industry
Pesticides
Aquaculture
Pet Food
Poultry
Chemicals
Others
Rest of Asia Pacific
By Product Type
Ethoxyquin 95 Oil
Ethoxyquin 66 Powder
Ethoxyquin 33 Powder
By End Use Industry
Pesticides
Aquaculture
Pet Food
Poultry
Chemicals
Others
Latin America
Brazil
By Product Type
Ethoxyquin 95 Oil
Ethoxyquin 66 Powder
Ethoxyquin 33 Powder
By End Use Industry
Pesticides
Aquaculture
Pet Food
Poultry
Chemicals
Others
Mexico
By Product Type
Ethoxyquin 95 Oil
Ethoxyquin 66 Powder
Ethoxyquin 33 Powder
By End Use Industry
Pesticides
Aquaculture
Pet Food
Poultry
Chemicals
Others
Rest of Latin America
By Product Type
Ethoxyquin 95 Oil
Ethoxyquin 66 Powder
Ethoxyquin 33 Powder
By End Use Industry
Pesticides
Aquaculture
Pet Food
Poultry
Chemicals
Others
Middle East
GCC
By Product Type
Ethoxyquin 95 Oil
Ethoxyquin 66 Powder
Ethoxyquin 33 Powder
By End Use Industry
Pesticides
Aquaculture
Pet Food
Poultry
Chemicals
Others
Israel
By Product Type
Ethoxyquin 95 Oil
Ethoxyquin 66 Powder
Ethoxyquin 33 Powder
By End Use Industry
Pesticides
Aquaculture
Pet Food
Poultry
Chemicals
Others
Africa
North Africa
By Product Type
Ethoxyquin 95 Oil
Ethoxyquin 66 Powder
Ethoxyquin 33 Powder
By End Use Industry
Pesticides
Aquaculture
Pet Food
Poultry
Chemicals
Others
Central Africa
By Product Type
Ethoxyquin 95 Oil
Ethoxyquin 66 Powder
Ethoxyquin 33 Powder
By End Use Industry
Pesticides
Aquaculture
Pet Food
Poultry
Chemicals
Others
South Africa
By Product Type
Ethoxyquin 95 Oil
Ethoxyquin 66 Powder
Ethoxyquin 33 Powder
By End Use Industry
Pesticides
Aquaculture
Pet Food
Poultry
Chemicals
Others
Company Profiles
Camlin Fine Sciences Ltd. *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Merck KGaA
Mitsui & Co. Ltd.
Shanghai Fuda Fine Material Co. Ltd.
Skystone Feed Co. Ltd
Industrial Técnica Pecuaria S.A.
Kemin Industries Inc
Jiangsu Zhongdan Group Co. Ltd.
Impextraco N.V.
Rensin Chemicals Ltd.
Note- We will profile top 10 companies’ profiles. Also, we will provide the exhaustive list of domestic players for every region.